Mutual Trend Analysis Report
Prepared for you on Tuesday, November 20, 2018.
COMMON 429: INVESTMENT GRADE MULTI-ASSET INCOME PORTFOLIO LONG TERM SERIES (NASDAQ:FATOPX)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for FATOPX
The long term trend has been DOWN since Jan 18th, 2018 at 1127.189941
The intermediate term trend has been DOWN since Sep 4th, 2018 at 1089.650024
The short term trend has been UP since Nov 16th, 2018 at 1062.089984
Smart Scan Analysis for FATOPX
Based on a pre-defined weighted trend formula for chart analysis, FATOPX scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1157.36||52wk High Date||2017-12-06|
|52wk Low||1052.6||52wk Low Date||2018-11-02|
|Year End Close||1142.4||Yield||5|